Palm Harbor, Florida Property Taxes
The median property tax rate in Palm Harbor, FL is 1.06%, which is slightly higher than the national median of 0.99% but lower than the Florida state median of 1.14%. With a median home value of $295,346 in Palm Harbor, the typical annual property tax bill amounts to $2,896, surpassing the national median of $2,690. Property taxes in Palm Harbor are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions, such as primary residence and agricultural exemptions. Understanding Palm Harbor's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Palm Harbor or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Palm Harbor, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.06%
Estimate Property Tax Bill
$3,131
$2,963
$1,148
Average Palm Harbor, Florida Tax Savings
Ownwell’s Palm Harbor Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Palm Harbor with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Palm Harbor to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Palm Harbor. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Palm Harbor, Florida
Property taxes in Palm Harbor, Florida, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Palm Harbor is 1.06%, slightly higher than both the Florida state median and the U.S. national median of 0.99%. Local government entities within Palm Harbor set these rates annually, and they can vary significantly across different neighborhoods. Each year, Palm Harbor estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Palm Harbor's effective property tax rate to other areas in Pinellas County and the national median. For comparison, the 34685 zip code has the highest median property tax rate of 1.14%, while the 34683 zip code has the lowest median tax rate of 1.03%. Understanding how these areas compare with Palm Harbor provides valuable insights into the varying tax landscape across Pinellas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Palm Harbor Tax Rate
1.06%
Average Pinellas County Tax Rate
1.08%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Palm Harbor, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34683 | 0.50% | 0.67% | 1.03% | 1.55% | 1.75% |
| 34684 | 0.43% | 0.63% | 1.04% | 1.62% | 1.81% |
| 34685 | 0.66% | 0.83% | 1.14% | 1.66% | 1.85% |
Source: Ownwell
$1,148
Average Palm Harbor Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Palm Harbor, Florida
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Palm Harbor, Florida. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Pinellas County Property Appraiser for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Palm Harbor, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. The highest median tax bill in Palm Harbor is $3,702 in the 34685 zip code, while the lowest median tax bill is $2,369 in the 34684 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Palm Harbor Assessed Value
$295,346
Average Pinellas County Assessed Value
$254,032
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Palm Harbor, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34683 | $127,032 | $214,537 | $335,145 | $446,114 | $576,898 |
| 34684 | $122,182 | $159,672 | $238,530 | $322,510 | $409,525 |
| 34685 | $157,348 | $212,380 | $346,897 | $501,906 | $609,876 |
Source: Ownwell
$1,148
Average Palm Harbor Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Palm Harbor, Florida
Property tax bills in Palm Harbor, located in Pinellas County, FL, are calculated based on the assessed value of the property and the local tax rate. The median home price in Palm Harbor is $295,346. The assessed value is determined by the county assessor, who considers factors such as property size, location, and market conditions. The local tax rate is then applied to this assessed value to determine the tax bill. Homeowners in Palm Harbor experience a range of property tax bills, with the 25th percentile at $1,829 and the 75th percentile at $4,535. The highest median tax bill in the area reaches $3,702 in the 34685 zip code, while the lowest stands at $2,369 in the 34684 zip code. Ownwell can help homeowners in Palm Harbor save on their property tax bills by providing expert property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies, Ownwell ensures that homeowners are not overpaying on their property taxes, potentially saving them hundreds or even thousands of dollars annually.
Average Palm Harbor Tax Bill
$2,896
Average Pinellas County Tax Bill
$2,581
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Palm Harbor, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34683 | $1,201 | $1,884 | $3,022 | $4,822 | $7,080 |
| 34684 | $713 | $1,523 | $2,369 | $3,606 | $5,169 |
| 34685 | $1,581 | $2,544 | $3,702 | $5,656 | $7,953 |
Source: Ownwell
$1,148
Average Palm Harbor Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to petition!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | September 13 |
| Tax Bill | |
| Issued | November 1 |
Links | |
|---|---|
| Pinellas Property Appraiser | |
| Website | www.pcpao.gov |
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